The Lebanese clothing brand MAAG, which replaced Zara after it ceased operations in Russia, has been labeled the disappointment of the year, RIA Novosti reported on Tuesday, citing the Union of Shopping Centers (STC).

Soaring energy prices will lead to drastic long-term consequences on the continent, Alexander De Croo told the Financial Times Europe could soon face a significant reduction in industrial activity and social unrest unless something is done to lower energy prices before winter sets in, Belgian Prime Minister Alexander De Croo has warned.

The figure exceeded $300 million in the first eight months of the year, according to the Russian embassy The trade turnover between Russia and Iraq between January and August 2022 amounts to $313.1 million and has exceeded the figure for all of last year, $282.7 million, an economic adviser at the Russian embassy in Baghdad,…